with PAYGO, that means if you want to have a new spending program, you have to cut spending somewhere else or raise taxes to pay for it. If you have a new tax cut, either you have to cut spending that same amount or raise some other taxes, but you have to pay as you go. What happens under that is if you have natural growth, you can do better each year on the deficit. But what happened in 2001 with PAYGO?
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this bill does nothing to solve, as I said, the elder or childcare crisis in this country. It does not create affordable care, and it does not guarantee a single new benefit for working families. What it does do is reduce overtime pay for…
Parliamentary inquiry. The Acting CHAIR. The gentleman from Virginia will state his inquiry.
I understand the gentleman has yielded back? The Acting CHAIR. That is correct.
let's talk about that Clinton budget. Clinton's budget passed when the deficit was $290 billion. The Republicans fought it tooth and nail, and didn't deliver a single vote on that budget. When it finally got down to about $10 billion, the…
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